PreveCeutical Medical sues former lawyer over misleading press release at BC Securities Commission.
Penny stock company PreveCeutical Medical has sued its former lawyer, claiming he wrote a misleading press release that led to allegations against the company. The press release was found to contain misrepresentations by a hearing panel at the BC Securities Commission. Despite the allegations, PreveCeutical was cleared of breaching the Securities Act. The company had previously claimed to be developing technology based on scorpion venom.
June 08, 2024
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